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[Cites 0, Cited by 0] [Section 6] [Entire Act]

Union of India - Subsection

Section 6(1) in The Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 2011

(1)Where an enterprise is an enterprise in default or deemed to be an enterprise in default as per sub-regulations (2) and/ or (3) of regulation 4, the Commission shall issue recovery certificate through the Secretary to be executed by the recovery officer, as set out in Form III appended to these regulations mentioning the amount of penalty and interest thereon alongwith modes of recovery therein, giving fifteen days time to deposit the penalty.